q2 fy2011 consolidated results (quarter ended september ......q2 fy2010 q2 fy2011 yoy percent change...

Q2 FY2011 Consolidated Results (Quarter ended September 30, 2011)

SHINKO PLANTECH CO.,LTD.Security Code: 6379

2

1. Business Environment for Q2 FY2011 2. Earnings Summary for Q2 FY2011 (Consolidated) 3. Breakdown of New Contracts by Work Types (Consolidated) 4. Breakdown of Works Completed by Work Types (Consolidated)5. Outstanding Contracts (Consolidated)6. Gross Profit (Consolidated)7. Operating Income (Consolidated)8. Non-operating Profit and Losses / Ordinary Profit9. Extraordinary Losses / Net income

10. Consolidated Balance Sheet (Consolidated)11. Cash Flow (Consolidated)12. Earnings Forecast for Full-Year FY2011 (Consolidated)13. New Contracts and Works Completed by Segment (Consolidated)14. Financial Highlights (Consolidated)15. Great East Japan Earthquake-related Issues16. Addressing Overseas Projects17. The Acquisition of Toshin Seisakusho Co., Ltd.

Contents

3

●The great east Japan earthquake made a big impact on the Japanese economic activities, such as a halt in manufacturing production, fragmentation of supply chain, and a short supply of electricity

●In Q2, stagnant production activities showed signs of real recovery

●The economic prospect is very uncertain, caused by factors such as drastically appreciating yen, credit risk arising from fiscal problems in Europe, concern for economic slowdown in the world economy triggered from economic recession in the U.S., and Japanese companies shifting production base abroad

●In the oil and petrochemical industry, harsh conditions continue as maintenance and capital expenditure are suppressed from the decrease in domestic demand for petroleum products

●In the chemical industry, plans to build plants overseas are crystallizing, affected by the expanding demand in China and Southeast Asia, and appreciating yen

●We made a priority in the plant restoration for the resumption of client’s production, and the recovery in product delivery system in Tohoku and Kanto regions, which were affected by the earthquake

●Supporting client’s projects for overseas expansion

1. Business Environment for Q2 FY2011

4

(参考）

（単位：百万円）（単位：百万円）

差異増減率

受注高 41,242 46,503 +5,261 12.8% 48,000 -1,497 -3.1%

完成工事高 41,821 43,906 +2,085 5.0% 45,000 -1,094 -2.4%

総利益 5,103 5,068 -35 -0.7% 5,150 -82 -1.6%

（率） 12.2% 11.5% -0.7% - 11.4% +0.1% -

一般管理費 1,573 1,705 +132 8.4% 1,750 -45 -2.6%

（率） 3.8% 3.9% +0.1% - 3.9% -0.0% -

営業利益 3,530 3,363 -167 -4.7% 3,400 -37 -1.1%

（率） 8.4% 7.7% -0.8% - 7.6% +0.1% -

経常利益 3,507 3,399 -108 -3.1% 3,450 -51 -1.5%

（率） 8.4% 7.7% -0.6% - 7.7% +0.1% -

当期純利益 1,954 1,882 -72 -3.7% 1,850 +32 1.7%

（率） 4.7% 4.3% -0.4% - 4.1% +0.2% -

1 株当り利益 42.28円 40.72円 -1.56 -3.7% ※上記の差異および増減率は第２四半期

受注残高 20,931 26,615 +5,684 27.2%

期初発表値（5月9日）

　実績値との比較です。

H22.9月期 H23.9月期前年比増減率

2. Earnings Summary for Q2 FY2011 (Consolidated)

New Contracts

Works completed

Gross Profit

Percentage (%)

SG&A

EPS

Percentage (%)

Percentage (%)

Percentage (%)

Percentage (%)

Operating Income

Ordinary Profit

Net Income

Outstanding Contracts

Q2 FY2010 Q2 FY2011 YOY Percent Change (%)

Yen Yen

（Unit: Millions of Yen）（Unit: Millions of Yen）

※Above difference and percent change are compared to the actual Q2 FY2010 results.

Forecast Announced at the Beginning of FY(May 9, 2011)

Difference Percent Change (%)

（Reference）

5

112 103 98 99 121

206269

221 196197

93

139

112

79

108

91

71

31

38

39

0

100

200

300

400

500

600

H19.9月期 H20.9月期 H21.9月期 H22.9月期 H23.9月期

新規設備

改造･改修

定期修理

日常保全

（億円）

502

581

462

412

465

H22.9月期 H23.9月期前年比増減率期初発表値(5/9) 期初比増減率

日常保全工事 9,913 12,143 +2,230 +22.5% 11,200 +943 +8.4%

定期修理工事 19,588 19,700 +111 +0.6% 18,700 +1,000 +5.3%

改造･改修工事 7,949 10,766 +2,817 +35.4% 10,500 +266 +2.5%

新規設備工事 3,791 3,892 +101 +2.7% 7,600 -3,708 -48.8%

エンジニアリング業 41,242 46,503 +5,261 +12.8% 48,000 -1,497 -3.1%

受注高

（単位：百万円）

●Orders increased by 5.2 billion yen, a decrease of 1.5 billion yen from the forecast announced at the beginning of FY

【

Daily Maintenance 】1) Clients continued to cut cost in daily maintenance 2) Restoration works related to great east Japan

earthquake increased 3) We acquired Ikeda Kikou Co., Ltd. and Tokai Koki

Co., Ltd.

【

Regular Repair Works 】1) Orders were unchanged YOY 2) The number of works decreased and the size of large

regular maintenance works shrank

【

Remodeling and Refurbishment Works 】1) The number and size of works increased, as the great

east Japan earthquake-related works increased

【

Construction of New Facilities 】1) Orders were unchanged YOY 2) Orders decreased by 3.7 billion yen from the forecast

announced at the beginning of FY, as the expected orders for domestic oil and pharmaceutical investment projects and overseas projects were delayed to 2H2011

3. Breakdown of New Contracts by Work Types (Consolidated)

New Contracts

Daily Maintenance

Regular Repair WorksRemodeling and Refurbishment WorksConstruction of New Facilities

Engineering

Q2 FY2010 Q2 FY2011 YOYPercent

Change (%)Percent

Change (%)Forecast Announced at the

Beginning of FY(May 10, 2010)Difference from

The Original Forecast

5-Year Summary of Q2 New Contracts

(Unit: 100 millions of Yen)

Q2 FY2011Q2 FY2010Q2 FY2009Q2 FY2008Q2 FY2007

（Unit: Millions of Yen）

New Facilities

Remodeling & Refurbishment

Regular RepairWorks

Daily Maintenance

6

107 101 98 95 111

191246 235

200 183

92

110 123

89 101

91

129

38

3443

0

100

200

300

400

500

600


新規設備

改造･改修

定期修理

日常保全

（億円）

483

587

495

418 439

H22.9月期 H23.9月期前年比増減率期初発表値(5/9) 期初比増減率

日常保全工事 9,452 11,079 +1,626 +17.2% 11,200 -121 -1.1%

定期修理工事 20,011 18,325 -1,685 -8.4% 18,700 -375 -2.0%

改造･改修工事 8,862 10,102 +1,239 +14.0% 10,500 -398 -3.8%

新規設備工事 3,396 4,285 +888 +26.2% 4,500 -215 -4.8%

エンジニアリング業 41,722 43,792 +2,069 +5.0% 44,900 -1,108 -2.5%

その他事業 98 113 +14 +15.1% 100 +13 +13.0%

41,821 43,906 +2,084 +5.0% 45,000 -1,094 -2.4%

完成工事高

合　計


過去5年間の完成工事高の推移（第2四半期）

●Works completed increased by 2 billion yen, a decrease of 1.1 billion yen from the forecast announced at the beginning of FY 【

Daily Maintenance 】1) Clients continued to cut costs in daily maintenance 2) Restoration works related to great east Japan

earthquake increased 3) We acquired Ikeda Kikou Co., Ltd. and Tokai Koki

Co., Ltd.

【

Regular Repair Works 】1) The number of works decreased and the size of large

regular maintenance works shrank

【

Remodeling and Refurbishment Works 】1) The number and size of works increased, as the great

east Japan earthquake-related works increased

【

Construction of New Facilities 】1) The works completed in the construction of new

facilities were in-line with our forecast at the beginning of FY, as new capital expenditure progressed smoothly

4. Breakdown of Works Completed by Work Types (Consolidated)

Works Completed Daily Maintenance

Regular Repair WorksRemodeling and Refurbishment WorksConstruction of New Facilities

Engineering

Other BusinessTotal

（Unit: Millions of Yen）Q2 FY2010 Q2 FY2011 YOY Percent

Change (%)Percent

Change (%)Forecast Announced at the

Beginning of FY(May 10, 2010)Difference from

The Original Forecast

Q2 FY2011Q2 FY2010Q2 FY2009Q2 FY2008Q2 FY2007

(Unit: 100 millions of Yen)5-Year Summary of Q2 Works Completed

New Facilities


Regular RepairWorks

Daily Maintenance

7

11 9 8 10 19

39 3820

6565

4677

64

4956

168 110

113

84

127

0

50

100

150

200

250

300


新規設備改造･改修定期修理日常保全

（億円）

266

209204

234

265


日常保全工事 1,142 890 750 1,041 1,863

定期修理工事 3,916 3,794 1,966 6,548 6,520

改造･改修工事 4,626 7,668 6,386 4,916 5,577

新規設備工事 16,826 11,046 11,321 8,426 12,653

合　　　計 26,513 23,399 20,425 20,931 26,615

【過去５年間の受注残高の推移（第２四半期）】


1H FY20111H FY20101H FY2007 1H FY2008 1H FY2009

(Unit: 100 millions of Yen)

【5-Year Summary of Q2 Outstanding Contracts 】（Unit: Millions of Yen）

Daily Maintenance

Regular Repair Works

Remodeling and Refurbishment WorksConstruction of New Facilities

Total

Q2 FY2007 Q2 FY2008 Q2 FY2009 Q2 FY2010 Q2 FY2011

5. Outstanding Contracts (Consolidated)

New Facilities


Regular RepairWorks

Daily Maintenance

8

●Gross profit decreased slightly to 5.06 billion yen ●Gross margin decreased by 0.7 percentage point, from 12.2% to 11.5%

Factors:●Gross profit was approximately in-line with our forecast at the beginning of FY

●We maintained high gross margin by continuing to enhance work efficiency and operating efficiency, compress cost of work, and cut in expenses

6,5056,806 6,769

5,103 5,068

13.5%

11.6%

11.5%

13.7%

12.2%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

19.9月期 20.9月期 21.9月期 22.9月期 23.9月期

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

総利益

総利益率

（百万円）

6. Gross Profit (Consolidated)

1H FY20111H FY20101H FY20091H FY20081H FY2007

(Unit: Millions of Yen)

Gross Profit

Gross Profit Margin

9

5,006

5,332

5,015

3,5303,363

7.7%

8.4%

10.1%9.1%10.4%

0

1,000

2,000

3,000

4,000

5,000

6,000

19.9月期 20.9月期 21.9月期 22.9月期 23.9月期

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

営業利益

営業利益率

（百万円）

● Operating income decreased by 170 million yen, a 4.7% decrease YOY

●Operating margin decreased by 0.7 percentage point from 8.4% to 7.7%

Factors:●General administrative expenses increased

1) We acquired Ikeda Kouki Co., Ltd. and Tokai Kouki Co., Ltd.

7. Operating Income (Consolidated)



Operating Income

Operating Margin

10


H22.9月期 H23.9月期前年比【営業外収益】受取利息 12 12配当金 35 46 +10受取賃借料 77 89 +11その他 19 31 +11

計 145 179 +33【営業外費用】支払利息 7 12 +4売上割引 59 36 -23為替差損 53 72 +18その他 47 23 -23

計 167 143 -24【営業外損益】 -22 35 +57

●Ordinary profit decreased by 100 million yen, a decrease of 3.1% YOY

●Ordinary profit margin decreased by 0.7 percentage points from 8.4% to 7.7%

【営業外損益】【経常利益】

4,920

5,3075,047

3,507 3,399

10.2% 9.0% 10.2%

8.4%

7.7%

0

1,000

2,000

3,000

4,000

5,000

6,000

19.9月期 20.9月期 21.9月期 22.9月期 23.9月期

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

経常利益

経常利益率

（百万円）

8. Non-Operating Profit and Losses / Ordinary Profit

Non-Operating Income

Interest Income

Dividends Received

Rents Received

Other

【Non-Operating Expenses】Interest Expenses

Sales Discount

Total

Total

Other

【

Non-Operating Profit and Loss 】

YOYQ2 FY2010 Q2 FY2011

Foreign Exchange Losses

【Non-Operating Profit and Losses】【

Ordinary Profit 】




Ordinary ProfitOrdinary Profit

Margin

11

2,912

1,882

1,954

2,8962,955

4.3%4.7%

5.8%5.0%6.1%

0

500

1,000

1,500

2,000

2,500

3,000

3,500

19.9月期 20.9月期 21.9月期 22.9月期 23.9月期

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

当期純利益

当期純利益率

（百万（単位：百万円）

H22.9月期 H23.9月期前年比【特別利益】固定資産売却益 0貸倒引当金戻入額 4 -4その他

計 5 0 -5【特別損失】固定資産除却損 2 2投資有価証券評価損 2 +2ゴルフクラブ入会金評価損 1 2 +1その他

計 4 7 +2【特別損益】 1 -6 -8

*Net income decreased by 72 million yen. a decrease of 3.7% YOY.

*Net profit margin decreased to 4.3% from 4.7%.

【特別損益】【当期純利益】

9. Extraordinary Losses / Net Income

【Extraordinary Losses】

【Extraordinary Profit】

Other

Total

【

Extraordinary Losses 】Loss on Retirement of Fixed Assets

Q2 FY2010 Q2 FY2011

（Unit: Millions of Yen）YOY

【

Extraordinary Losses 】Total

【Net Income】

Reversal of allowance for doubtful accounts



Gain from sale of fixed assets

Appraisal Loss of Initial Fee for Country Club

Loss on valuation of investment securities

Other

Net IncomeNet Income

Margin

12


増減増減

実績構成比実績構成比実績構成比実績構成比実績構成比実績構成比

46,313 73.5% 40,144 69.2% 51,665 75.8% +11,521 36,140 57.3% 29,571 51.0% 39,369 57.7% +9,798

現金預金 16,171 25.6% 12,931 22.3% 13,822 20.3% +890支払手形及び工事未払金

30,747 48.8% 24,055 41.5% 33,183 48.7% +9,128

受取手形及び完成工事未収入金

20,483 32.5% 17,747 30.6% 25,578 37.5% +7,830 短期借入金 75 0.1% 45 0.1% 784 1.2% +739

未成工事支出金 7,967 12.6% 5,719 9.9% 9,522 14.0% +3,802 未成工事受入金 1,590 2.5% 1,886 3.3% 1,525 2.2% -361

その他 1,690 2.7% 3,744 6.5% 2,743 4.0% -1,001 その他 3,726 5.9% 3,583 6.2% 3,876 5.7% +293

16,739 26.5% 17,839 30.8% 16,533 24.2% -1,306 1,067 1.7% 1,110 1.9% 929 1.4% -180

有形固定資産 11,195 17.8% 11,151 19.2% 11,471 16.8% +320 長期借入金 67 0.1% +67

無形固定資産 311 0.5% 308 0.5% 274 0.4% -33 退職給付引当金 40 0.1% 44 0.1% 65 0.1% +20

投資その他の資産 5,232 8.3% 6,379 11.0% 4,786 7.0% -1,593 その他 1,027 1.6% 1,065 1.8% 796 1.2% -268

25,845 41.0% 27,302 47.1% 27,899 40.9% +596

63,053 100 .0% 57,983 100 .0% 68,199 100 .0% +10,215 63,053 100 .0% 57,983 100 .0% 68,199 100 .0% +10,215

H23.9月期H22.9月期 H23.3月期

【流動資産】

H23.3月期H23.9月期 H22.9月期

【資産合計】【負債・純資産合計】

【固定資産】

【流動負債】

【固定負債】

【純資産】

10. Consolidated Balance Sheet (Consolidated)

【Fixed assets】

Tangible Fixed Assets

Intangible Fixed Assets

Other Assets

【Total Assets】

Q2 FY2010

Results Percentage

Full-Year FY2010

Results Percentage

Q2 FY2011Percentage

【

Current liabilities 】

Payables

Short-Term Debt

Advances Received on Uncompleted Contracts

Other

【

Fixed Liabilities 】

Long-Term Debt

Accrued Retirement Benefit Cost

Other

【

Total Net Assets】

【Total liabilities and Assets】


Change

【Current Assets】

Cash Deposit

Notes and AccountsReceivable

Disbursement of Uncompleted Works

Other

Results

Q2 FY2010

Results Percentage

Full-Year FY2010

Results Percentage

Q2 FY2011Percentage ChangeResults

13

-2,000

0

2,000

4,000

6,000

8,000

H22.3月期 H22.9月期 H23.3月期 H23.9月期

営業活動ＣＦ

投資活動ＣＦ

財務活動ＣＦ

（百万）


H22.3月期 H22.9月期 H23.3月期 H23.9月期

営業活動ＣＦ 3,767 7,243 7,227 142

投資活動ＣＦ -1,145 -458 -1,649 -67

財務活動ＣＦ -1,634 -1,143 -1,179 -972

現金及び現金同等物に係る換算差額 -15 -47 -44 -75

現金及び現金同等物の増減額 971 5,593 4,353 -971

新規連結に伴う現金及び現金同等物の増減額 660

増減額 -310

11. Cash Flows (Consolidated)

Full-Year FY2009 1H FY2010 Full-Year FY2010 1H FY2011


Operating Cash Flow

Investment Cash Flow

Financial Cash FlowEffect of Exchange Rate Changes on Cash and Cash Equivalents

Change in Cash and Cash Equivalents


1H FY2011FY20101H FY2010FY2009

Change in cash and cash equivalents related to the acquisition of subsidiaries

Change

Operating

Investment

Financial

14

(参考）

（単位：百万円）（単位：百万円）

H23.3 前年比増減率

通期実績上半期実績下半期予想通期予想期初発表値差異増減率期初発表値差異増減率期初発表値差異増減率

受注高 81,593 46,503 49,497 96,000 +14,407 +17.7% 48,000 -1,497 -3.1% 48,000 +1,497 3.1% 96,000 +0 0.0%

完成工事高 79,269 43,906 46,094 90,000 +10,731 +13.5% 45,000 -1,094 -2.4% 45,000 +1,094 2.4% 90,000 +0 0.0%

総利益 9,144 5,068 5,132 10,200 +1,056 +11.5% 5,150 -82 -1.6% 5,050 +82 1.6% 10,200 +0 0.0%

（率） 11.5% 11.5% 11.1% 11.3% -0.1% - 11.4% +0.1% - 11.2% -0.1% - 11.3% +0.0% -

一般管理費 3,214 1,705 1,795 3,500 +286 +8.9% 1,750 -45 -2.6% 1,750 +45 2.6% 3,500 +0 0.0%

（率） 4.1% 3.9% 3.9% 3.9% -0.1% - 3.9% -0.0% - 3.9% +0.0% - 3.9% +0.0% -

営業利益 5,930 3,363 3,337 6,700 +770 +13.0% 3,400 -37 -1.1% 3,300 +37 1.1% 6,700 +0 0.0%

（率） 7.5% 7.7% 7.2% 7.4% -0.0% - 7.6% +0.1% - 7.3% -0.1% - 7.4% +0.0% -

経常利益 5,965 3,399 3,401 6,800 +835 +14.0% 3,450 -51 -1.5% 3,350 +51 1.5% 6,800 +0 0.0%

（率） 7.5% 7.7% 7.4% 7.6% +0.0% - 7.7% +0.1% - 7.4% -0.1% - 7.6% +0.0% -

当期純利益 3,246 1,882 1,768 3,650 +404 +12.4% 1,850 +32 1.7% 1,800 -32 -1.8% 3,650 +0 0.0%

（率） 4.1% 4.3% 3.8% 4.1% -0.0% - 4.1% +0.2% - 4.0% -0.2% - 4.1% +0.0% -

1 株当り当期利益 70.22円 40.72円－ 78.95円 +8.73 +12.4% ※上記の差異および増減率は左表の実績値または予想値との比較です。

受注残高 23,904 26,615 － 30,104 +6,200 +25.9%

通期

通期

H24.3予想

期初発表値（5月9日発表）

上半期下半期

12. Earnings Forecast for Full-Year FY2010 (Consolidated)

Full-Year


Full-Year FY2011 Forecast

1st Half Results

2nd Half Forecast

Full-Year Forecast

YOY Percent Change (%)


Forecast Announced at the Beginning of FY (May 9, 2011)

1st Half 2nd Half Full-Year

Forecast Announced at the Beginning of FY

DifferencePercent Change

(%)



(%)



(%)

※Above difference and percent changes are compared to the actual 1H FY2010 results or the original forecast.

（Reference）

Yen Yen Yen

New Contracts

Works Completed

Gross Profit

Percentage (%)

SG&A

Percentage (%)

Operating Income

Percentage (%)

Ordinary Profit

Percentage (%)

Net Income

Percentage (%)

EPS

Outstanding Contracts

FY2010 ResultsFull-Year

Results

15

(単位：百万円）

平成23年3月期

通期中間期下期通期通期差異

日常保全工事 20,323 12,143 10,357 22,500 +2,177 22,000 +500

定期修理工事 33,225 19,700 14,300 34,000 +775 36,500 -2,500

改造･改修工事 16,588 10,766 9,734 20,500 +3,912 20,500 +0

新規設備工事 11,455 3,892 15,108 19,000 +7,545 17,000 +2,000

エンジニアリング業 81,593 46,503 49,497 96,000 +14,407 96,000 +0

(単位：百万円）

平成23年3月期

通期中間期下期通期通期差異

日常保全工事 20,116 11,079 11,421 22,500 +2,384 22,000 +500

定期修理工事 35,050 18,325 15,675 34,000 -1,050 36,500 -2,500

改造･改修工事 17,504 10,102 10,398 20,500 +2,996 20,500 +0

新規設備工事 6,428 4,285 8,515 12,800 +6,372 10,800 +2,000

エンジニアリング業 79,100 43,792 46,009 89,800 +10,700 89,800 +0

その他事業 169 113 87 200 +31 200 0

79,269 43,906 46,094 90,000 +10,731 90,000 +0

受注高

平成24年3月期　予想

平成24年3月期　予想

完成工事高

合　計

前年比

前年比期初発表値(5/9)

期初発表値(5/9)

13. New Contracts and Works Completed by Segment (Consolidated)

Works Completed


Daily Maintenance


Remodeling and Refurbishment Works

Construction of New Facilities

Engineering

Daily Maintenance


Remodeling and Refurbishment Works

Construction of New Facilities

Engineering

Other

Total

FY2010 Results

Full-Year


1st Half 2nd Half Full-YearYOY


FY2010 Results

Full-Year


1st Half 2nd Half Full-YearYOY

Full-Year Difference

Full-Year Difference


New Contracts


16

【受注高】【完成工事高】

【経常利益】【当期純利益】

239 221 209 203 225

376 427360 332 340

204

289

210166

205

162

168

73115

190

0

200

400

600

800

1,000

1,200

20.3月期 21.3月期 22.3月期 23.3月期 24.3月期（予）

新規設備

改造･改修

定期修理

日常保全

（億円）

981

1,105

851816

960

238 221 210 201 225

385 408324 351 340

201262

227 175 205

162

216

11364

128

0

200

400

600

800

1,000

1,200

20.3月期 21.3月期 22.3月期 23.3月期 24.3月期（予）

新規設備

改造･改修

定期修理

日常保全

（億円）

989

1,109

875900

793

10,433 10,350

8,113

5,965

6,800

7.6%7.5%

9.3%9.3%

10.5%

0

2,000

4,000

6,000

8,000

10,000

12,000

20.3月期 21.3月期 22.3月期 23.3月期 24.3月期（予)

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

経常利益

経常利益率

（百万円）

5,380

3,6503,246

4,566

5,876

4.1%4.1%

5.2%

4.9%

5.9%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

20.3月期 21.3月期 22.3月期 23.3月期 24.3月期（予)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

当期純利益

当期純利益率

（百万円）

14. Financial Highlights (Consolidated)【New Contracts】

【Ordinary Profit】

【Works Completed】

【Net Income】

(Unit: 100 millions of Yen) (Unit: 100 millions of Yen)

(Unit: millions of Yen) (Unit: millions of Yen)

Net Profit Net Profit Margin

FY2011(est.)FY2010FY2009FY2008FY2007 FY2011(est.)FY2010FY2009FY2008FY2007

FY2011(est.)FY2010FY2009FY2008FY2007FY2011(est.)FY2010FY2009FY2008FY2007

New Facilities


Regular RepairWorks

Daily Maintenance

New Facilities


Regular RepairWorks

Daily Maintenance

Ordinary Profit Margin

Ordinary Profit

17

15. About Dividend

Basic Understanding Regarding Dividend

Our group’s business provide maintenance of petroleum, petrochemical and other plants and belong to the sector that is easily affected by changes in private sector capital expenditure. Therefore, we believe that by strengthening business structure to adapt to the changes in the business environment and future business expansion, and building stable business base, our corporate value will increase, which will lead to ensuring future profits for the shareholders, clients, business partners, employees, and other related parties.

Dividend Policy

On one hand, we believe that sharing profits in dividends for the shareholders is a high-priority issue in the management and should implement dividend measures that synchronize with earnings. But on the other hand, we also need to consider about providing continuous and stable dividends.

Dividend Planned for FY2011

●Year-End Dividend 25 yen

18

Damages from the earthquakeDamages mainly in Tohoku/Sendai region, Kashima industrial complex, Keihin/Keiyo industrial complex

・Checkup and repair of facilities that were shutdown・Restoring and repairing facilities that have differential settlement・Mending and restoring failed facilities・New installment of vanished facilities

The Greatest ChallengeReconstruction of JX Holdings, Inc.’s Sendai refinery

・Launched works for second disaster prevention and improvement of work environment・Partial recovery of shipment by installing a makeshift shipment facilities (mid-May)・Restoration work of land shipment facilities, and off-site facilities

(Full recovery in fuel oil receiving and shipment functions in November)・Open, Checkup, and repair of plant facilities

(progressing towards restarting production in spring 2012)Impact on Business Results・We made business forecast based on restoration/ reconstruction works that were certain at

the beginning of FY in mind.・There is no change in business forecast. On one hand, we dealt with demand for disaster

reconstruction beyond our forecast. On the other hand, there had been cancellation or delay in investment plans, affected by the earthquake.

→We will disclose information that will make big impacts on the business performance

16. Great East Japan Earthquake-related Issues

19

Current Situation(1) Expanding Overseas Maintenance Bases

FY2003 We established Wuxi Shinko Plantech Co., Ltd. in China.FY2010 We restarted PT. Shinko Plantech in Indonesia.FY2011 We established SHINKO PLANTECH (THAILAND).

(2) Targeting new facility plans and facility enhancing plans for mainly overseas offices of Japanese chemical companies→China

New works, enhancement works, and maintenance works mainly in Shanghai and Wuxi region→Indonesia

・Maintenance works for overseas offices of Japanese companies mainly in Cilegon region・Participating in inquiry for large projects in Cilegon region, and responding to related facilities works

→Other regions in Southeast Asia Responding to construction work in Malaysia, Thailand and Singapore

Participating in inquiry for large construction projects in other regions in Southeast Asia

We will continue to aggressively strengthen the capabilities foroverseas inquiries and projects

・Overseas expansion plan continued to be robust due to long-term trend towards strong yen and domestic electric power condition

Overseas ExpansionIn the 4th Mid-Term Business Plan, we announced an aggressive overseas expansion in line with other Japanese companies, who are building local production and local supply chain to meet economic growth in China and Southeast Asia

17. Addressing Overseas Projects

20

Please refer to the press release announced on Sept. 26th

About Toshin Seisakusho Co., Ltd. (Toshin Seisakusho)

Toshin Seisakusho is a company that is engaged in maintenance work, such as plumbing, equipment checkup, and machinery maintenance, and construction work for Sumitomo Chemical Co., Ltd.’s Ehime Factory in Araihama, Ehime Prefecture. It is one of influential companies specialized in zone maintenance. It has a successor problem.

Purpose of Share Acquisition

Matches the efforts in the 4th Mid-Term Business Plan

●Its main client is Sumitomo Chemical Co., Ltd. and has abundant experience in chemical plant construction and maintenance →Leads to share expansion in chemical plants

●Sustains operation in Ehime region for 60 years since its foundation and has stable business results →Is knowledgeable in Shikoku regions →Has employees with abundant experience and performance in maintenance

●Located in Shikoku region, where we aim to expand →Can cooperate with our group company, Ikeda Kikou Co., Ltd, located in the same region

18. The Acquisition of Toshin Seisakusho Co., Ltd.

21

This material includes projections based on future forecast and plans that was available on November 14, 2011.

There is a possibility that these projections may be different from actual results, affected by risks such as fluctuations in economic conditions and other uncertain factors.

【Contact】SHINKO PLANTECH CO.,LTD.27-5 Shin Isogo-cho. Isogo-Ku, Yokohama, 235-0017 JapanTakanori KobayashiCorporate Planning Group Corporate Planning Department

Phone. +81-45-758-1953 Facsimile. +81-45-758-1999E-Mail：[email protected]：http://www.s-plantech.co.jp

q2 fy2011 consolidated results (quarter ended september ......q2 fy2010 q2 fy2011 yoy percent change...

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